Pakistan's Forex Reserves decrease by $301.40 Million

By MG News | July 12, 2018 at 08:38 PM GMT+05:00

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According to data released by the State Bank of Pakistan, the total liquid foreign reserves held by the country stood at $16,084.3 million on July 06, 2018.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Jul 06, 2018	Jun 29, 2018	Change	% Change
State Bank of Pakistan	9,479.50	9,788.80	-309.30	-3.16%
Net Foreign Reserves Held by Banks	6,604.80	6,596.90	7.90	0.12%
Total Liquid Foreign Reserves	16,084.30	16,385.70	-301.40	-1.84%

Amount in USD Million

According to the state bank, its reserves decreased due to external debt and other official payments.

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